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10-Unit Apartment Building
For Sale
Contact for pricing
Pending

951 N 45th St, Seattle, WA 98103

Multifamily property with gated access, resident storage lockers, and an on-site laundry room.

Property SizeContact for details
Days on Market145

Property Features for 951 N 45th St

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Real Property Associates
Listed By: Gordon Stephenson · License #WA
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 31 at 6:44PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Property Associates

Investment Insights

Based on property information with market context.

The property is a 10-unit apartment complex at 951 N 45th St in Seattle, comprising 8 one-bedroom units and 2 two-bedroom units. Gated entry, 4 off-street parking stalls, and a spacious laundry room with storage lockers assigned to each unit serve the existing residences. Permits are in hand for an additional unit in the unfinished basement.

The building is within walking distance of the Fremont and Wallingford commercial districts. Constructed to house workers associated with the Century 21 World's Fair and Space Needle project, the property carries a documented connection to Seattle's history.

Key Highlights

  • 10‑unit apartment complex with 8 one‑bedroom units and 2 two‑bedroom units
  • Permits in hand to add an 11th unit in the unfinished basement
  • 4 off‑street parking stalls and gated entry

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Barber Shop Nursing Home Storage Facility (Bike/Boat/Book/etc) Store HVAC Service Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,375
Businesses Nearby

Demographics for 98103, WA

53,056
Population
27,857
Households
1.9
Avg Household Size
35
Median Age
77%
College-Educated
98%
High-School Grad
4.6 sq mi
ZIP Area
11,534
Density / Sq Mi
$127,372
Median Household Income
$80,508
Median Earnings
$2,006
Median Rent
$1,012,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property with gated access, resident storage lockers, and an on-site laundry room.
Where is this apartment building located?
The property is located at 951 N 45th St Seattle, WA.
What are key features of this property?
This property features: 10‑unit apartment complex with 8 one‑bedroom units and 2 two‑bedroom units; Permits in hand to add an 11th unit in the unfinished basement; 4 off‑street parking stalls and gated entry
More about this property
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